VC Index ranks DCM among Top 30 venture capital firms investing in leading private software companies
MENLO PARK, Calif. (June 26, 2009) –
Early stage venture capital firm DCM today announced that three of
its portfolio companies Jaspersoft, PayCycle and PGP Corporation have been recognized as top 100 private
software companies by JMP Securities, a San Francisco-based investment bank. The annual report entitled
“Hot 100: The Best Privately Held Software Companies” highlights leaders in the software industry as identified
by the software research team at JMP Securities in the categories of application software, infrastructure
software and analytics and data integration software.
Companies included in the Hot 100 report were selected in recognition for their products and services as well
as corporate growth. For the first time, the report also includes a venture capital index which recognizes more
than 180 venture capital firms that invested in the Hot 100 software companies. DCM ranked among the top 30
firms that have invested in three or more software leaders in this year’s Hot 100.
“This recognition highlights the strong execution of our portfolio management teams and the high standard of
excellence that these leaders provide in their respective sectors,” said Carl Amdahl, general partner at DCM
and board member of PGP Corporation. “DCM’s focus is to partner with the best entrepreneurs creating
disruptive solutions and this recognition helps validate the underlying strength of our portfolio. Our award-
winning portfolio companies are innovators that shape our future through their vision and leadership, and we
congratulate all three of the teams for their achievements.”
On the JMP Hot 100 List for the second year in a row, JasperSoft is the market leader in open source business
intelligence and the most widely used business intelligence software in the world. With more than eight million
total product downloads worldwide, more than 91,000 registered developers and 10,000 commercial
customers in 96 countries, the company has made a positive and disruptive impact on the business
intelligence market. According to surveys by Gartner and IDC, business intelligence has been the top-ranked
IT priority for the three past years and open source continues to be one of the fastest growing trends in the
software industry.
PayCycle is America’s number one online payroll service, serving more than 85,000 small businesses.
PayCycle provides an easy-to-use, innovative, efficient service for small businesses, backed by outstanding
customer support. PayCycle also provides payroll services for leading financial institutions including Capital
One and PNC Bank, and provides client payroll services through many of the nation’s accounting
professionals.
PGP Corporation is a global leader in email and data encryption software for enterprise data protection. Based
on a unified key management and policy infrastructure, the PGP® Encryption Platform offers the broadest set
of integrated applications for enterprise data security providing data protection via encryption applications for
email, laptops, desktops, instant messaging, smartphones, network storage, file transfers, automated processes,
and backups. PGP® solutions are used by more than 100,000 enterprises, businesses and governments worldwide.
In addition to the “Hot 100”, the three companies have been acknowledged through numerous awards for
outstanding technical and professional achievements as well as contributions to the software industry.
About DCM
DCM is an early stage venture capital firm supporting entrepreneurs building world-class technology
companies. The firm’s partners manage US$1.6 billion and have funded leading technology companies
including 2Wire, 51job (Nasdaq: JOBS), @Motion (Openwave), About.com (The New York Times Co.), All
About (Jasdaq: 2454), Arroyo (Cisco), Abound Solar, Clearwire (Nasdaq: CLWR), Dang Dang, eDreams (TA),
Foundry Networks (Nasdaq: FDRY), HireRight (acquired by USIS), Internap (Nasdaq: INAP), IPivot (Intel),
Jaspersoft, JCI (Nasdaq Japan – Hercules: 9424), Neopath Networks (Cisco), Neutral Tandem (Nasdaq:
TNDM), nQuire (Siebel), OPI, PayCycle, PGP Corporation, Recourse Technologies (Symantec), RockYou,
Scigineer, Sigmatel (Nasdaq: SGTL), SMIC (NYSE: SMI), Sling Media (EchoStar), Ustream, VanceInfo (NYSE:
VIT) and Vimicro (Nasdaq: VIMC). DCM offers hands-on operational guidance and access to an extensive
network of resources, including close relationships with many of the Pacific Rim’s leading companies and
investors. For more information, please visit DCM’s website at www.dcm.com.
About JasperSoft Corporation
Jaspersoft’s open source business intelligence suite is the world’s most widely used BI software, with more than 8 million total downloads worldwide and more than 10,000 commercial customers in 96 countries. The company’s Jaspersoft Business Intelligence Suite provides a web-based, open and modular approach that address the next generation business intelligence needs of the enterprise. Jaspersoft’s software is rapidly updated by a community of more than 90,000 registered members working on more than 350 projects, which represents the world’s largest business intelligence community.More information is available at www.jaspersoft.com and www.jasperforge.org.
Source: Jaspersoft